Funding you earn now, next payment 08:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h +0.009%
Price spread now: HTX against Kraken Futures+0.030%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.030%, 7d avg −0.065%
=The price spread pays, funding is against you. HTX is 0.095% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.065%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.084% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAUTUSD | 4,307.1 | 0.0229 | pay 0.0029% / 1h | 6m 23s | $5.8M | $5.3M | 50x |
| Short | HTX XAUT-USDT | 4,308.4 | 0.0100 | get 0.0050% / 4h | 6m 23s | $1.8M | $201K | 75x |
Kraken Futures PF_XAUTUSD
HTX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.13
- Price spread: +0.030% → −0.065%
- $9.45
- Slippage, 4 orders
- −$20.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$59.7
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; HTX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 0.81 bp | 7.6 bp −$8 | 9.2 bp −$92 | 20.0 bp −$2,001 | doesn't fit |
| Sell HTX live order book, 2 min ago | 0.01 bp | 21.5 bp −$22 | 24.9 bp −$249 | doesn't fit | doesn't fit |
XAUT on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0225% | 1h | 4,309 | +0.044% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,302.9 | −0.098% | $27.5M | $20.0M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,306.5 | −0.015% | $130.9M | $9.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.991% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,302.8 | −0.101% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0072% | 4h | 4,312.5 | +0.125% | $32.8M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,305.4 | −0.041% | $4.1M | $954K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,304.1 | −0.071% | $35.6M | $47.3M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,304.7 | −0.057% | $118.6M | $31.2M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,305.1 | −0.047% | $365.3M | $289.0M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,307 | −0.003% | $11.8M | $3.2M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,304.8 | −0.053% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,311.5 | +0.101% | $586 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,304.7 | −0.057% | $264 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,307.8 | +0.015% | $1.8M | $350K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,309.4 | +0.052% | $2K | $3.0M | 20x | as long as short |
| HTX XAUT-USDTshort | +0.0100% | 4h | 4,308.4 | +0.030% | $1.8M | $201K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,304 | −0.073% | $267K | $196K | 25x | as long as short |
| Kraken Futures PF_XAUTUSDlong | +0.0229% | 1h | 4,307.1 | long leg | $5.8M | $5.3M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,305.5 | −0.038% | $2.3M | $1.6M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT